Hong Kong's Smart-Core Holdings interim revenue jumps on memory chip demand
Hong Kong's Smart-Core Holdings interim revenue jumps on memory chip demand
Overview
Hong Kong semiconductor distributor's interim revenue rose 144% yr/yr for six months ended June
Net profit attributable to shareholders jumped 498% yr/yr for the interim period
Company declared interim dividend of HK5 cents per share, up from HK3 cents last year
Outlook
Company did not provide specific financial guidance or outlook for future periods
Result Drivers
MEMORY CHIP SUPERCYCLE – Memory sales surged 561.4% to HK$3.66 bln as the Group captured AI-driven memory-chip demand
EDGE AI SOC DEMAND – Smart-terminal sales rose 35.0% to HK$2.56 bln, driven by rapid AI SoC market expansion
SUPPLY CHAIN SHORTAGES – Mixed-distribution sales jumped 146.3% to HK$103.9 mln as memory-chip shortages lifted spot-procurement demand
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| HK$6.82 bln |
|
H1 Net Income Attributable |
| HK$290 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Recent news on Smart-Core Holdings
See all newsHong Kong's Smart-Core Holdings interim revenue jumps on memory chip demand
Brief: Smart-Core Expects Profit Attributable To Increase By Not Less Than 460% For HY
Brief: Smart-Core To Place Up To 97.74 Million New Shares At HK$3 Each
Brief: Smart-Core Logs FY Net Income Attributable HKD 161.4 Mln
Brief: Smart-Core Expects Profit Attributable Of HK$140 Million To HK$170 Million For FY